Pandle HQ are all about making your user experience more enjoyable. That’s why we’re in the process of updating the system with the latest features, and we’ve recently added recurring transactions to the list.
But what are they? And how can they help you in Pandle? We’ve put together some info about recurring transactions that Pandle users might find helpful.
What are recurring transactions?
When you’re creating invoices for customers in Pandle (or any bookkeeping software) there’s bound to be times when you’re generating the same transaction for the same customer, as part a regular service.
Recurring transactions is a feature that allows you to create an invoice automatically, rather than manually creating the same transaction over and over.
Why do I need them?
Recurring transactions are a great feature for everyone, but are particularly useful for those who regularly invoice the same customers for identical amounts. The feature will save you oodles of time, and will make your bookkeeping more efficient.
We’ve made recurring transactions even better by enabling the user to control when transactions should occur. This means it isn’t limited to just one period of time; you can stop and start then transactions as and when you need.
How to set up recurring invoices in your Pandle account
Setting up recurring transactions on your Pandle account couldn’t be easier.
Once logged into your Pandle account, simply select the option ‘Categories’ in the menu at the top of the page.
On the next page, press the green plus symbol and click on the ‘Recurring Transactions’ button from the drop down menu. A new page will appear. Here you should again select the green plus symbol.
Clicking this will open a pop up, which will ask you to fill in the following pieces of information about the recurring transaction:
Start date: Here, enter the date you would like to start invoices to be automatically created from.
Type: This asks what type of transaction you would like to create, the options being ‘customer’ or ‘supplier’ invoice.
Repeat every: You will then be asked to enter the number of times you would like this transaction to be repeated within the period you select, be it days, weeks or years.
Status: The status feature determines whether this recurring transaction is ‘active’ or ‘paused’. This means you don’t have to delete a transaction and recreate it, simply pause it with the option to begin it again at any time.
Et voila! You’ve created your first transaction and are on your way to making bookkeeping easier than ever.
Having trouble setting up your recurring transactions? Leave us a comment below or send an email to the Pandle team at email@example.com.
Many of the help pages are out of date. The menus have changed over time and now these instructions aren’t correct. Specifically, when I hit the drop down menu in categories, I do not have the option to create a recurring payment. Please could you share up-to-date instructions? Thank you
Thanks so much for flagging this, although I’m sorry that things weren’t up to scratch! We’re now working through all our guides to make sure we have everything up to date, but if you have questions in the meantime, use the Live Chat button in Pandle (or on the website) and the team will talk you through any help.